Fidelity International has enhanced its global research capabilities with the launch of its proprietary sustainability ratings.
The sustainability ratings will leverage Fidelity’s research capabilities and will be comprised of its equities and fixed income coverage.
It will assist the management teams in providing a forward-looking evaluation of the company’s focus and ESG-related issues trajectory.
Global head of research, fixed income, Marty Dropkin said this tool was a natural step to match Fidelity’s research processes and was integral to the investment process.
“Evaluating how effectively a company serves its stakeholders in the broadest sense is integral to our investment process. Building this proprietary sustainability ratings tool was a natural next step that matches our bottom-up fundamental research process and draws on our deep corporate access,” he said.
Head of equity Ned Slater said the strength of the ratings lies with the ongoing research undertaken by the ESG team and would provide a forward-looking view.
“The strength of our proprietary ratings lies in the integration of our equity and fixed income research at the issuer level with the ongoing engagement undertaken by our ESG team, portfolio managers and analysts. This gives us the opportunity to provide our clients with a truly forward-looking view of the multiple factors impacting a company’s ESG performance and future trajectory.”
The ratings will draw upon the assessment of over 180 analysts who take part in over 16,000 company meetings annually.
The ratings will be updated annually or following a change of policy or exceptional company event and will be fully integrated into Fidelity’s investment process.
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